Windfall Geotek (XCNQ:WIN) Inventory Turnover : 0.00 (As of Aug. 2024)

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What is Windfall Geotek Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Windfall Geotek's Cost of Goods Sold for the three months ended in Aug. 2024 was C$0.00 Mil. Windfall Geotek's Average Total Inventories for the quarter that ended in Aug. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Windfall Geotek's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.00.

Windfall Geotek Inventory Turnover Historical Data

The historical data trend for Windfall Geotek's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Windfall Geotek Inventory Turnover Chart

Windfall Geotek Annual Data

Trend

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Feb24

Inventory Turnover

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Windfall Geotek Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Windfall Geotek Inventory Turnover Calculation

Windfall Geotek's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	0.012	/ (	(0	+	0)	/	1 )
=	0.012	/	0
=	N/A

Windfall Geotek's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Windfall Geotek (XCNQ:WIN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Windfall Geotek's Days Inventory for the three months ended in Aug. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Windfall Geotek's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	0	/	0.025
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Windfall Geotek Inventory Turnover Related Terms

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Windfall Geotek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Windfall Geotek Inc (XCNQ:WIN) » Definitions » Inventory Turnover

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Traded in Other Exchanges

WINKF:USA L7C2:Germany

Address

7005 Taschereau Boulevard, Suite 265, Brossard, QC, CAN, J4Z 1A7

Website

https://www.windfallgeotek.com

Windfall Geotek Inc is an Artificial Intelligence company developing its proprietary CARDS analysis and data mining techniques. The Company is exploring a new business model through which it will advance projects where the CARDS artificial intelligence software platform has identified high-potential targets. The Company has determined that it operates in two segments, being acquisition, exploration, and development of mineral properties for economically recoverable reserves in Canada and providing AI services.

Executives

Brent Anderson	10% Security Holder
Dinesh Kandanchatha	Senior Officer
Sheldon Inwentash	Director or Senior Officer of 10% Security Holder
Threed Capital Inc.	10% Security Holder

Windfall Geotek Headlines

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